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Shipping an expensive item: What is the most secure method for seller?

I was wondering what the most secure method for shipping an expensive item would be. Which service (USPS or UPS or other) would be best and what insurance confirmation should I use? Just curious to see what some of the experienced sellers here recommend.

" Henry “Harry” Winston, a leading American jeweler and gem dealer, bought the diamond from Mrs. McLean’s estate in 1949. In November 1958 Winston donated the diamond to the Smithsonian Institution, intending it to be the foundation for a National Jewel Collection. With his years of experience in shipping jewelry all over the world, Winston chose to have the diamond delivered by registered mail. He told a reporter for the Washington Post that “ . . . [registered mail is] the safest way to ship gems. . . . I’ve sent gems all over the world that way.”

The diamond was placed in a box, wrapped in brown paper, and sent by registered mail, traveling down from New York in a Railway Post Office train car. In Washington, it was immediately taken to the City Post Office (the building that now houses the National Postal Museum), where it was picked up by postal carrier James G. Todd.

Todd drove the package to the National Museum of Natural History. The diamond was handed over in a ceremony including Leonard Carmichael, Secretary of the Smithsonian Institution and Mrs. Harry Winston. The transfer was completed when Carmichael signed the receipt for the registered package. The price paid for shipping the gem, valued at $1 million at the time, was $145.29, most of that for package insurance. "

I would go with registered mail as well although I did have an issue several years ago where I had bought a PSA 4 T206 Demmitt (St Louis) that was sent registered mail. Apparently there were two packages in the system with the same tracking number and it caused mine to get sent to the post office where the other package was going. When it arrived there they got it back on track and it arrived safe and sound although it ended up taking about two weeks. Had it not been sent registered mail it's possible that it may not have been caught and ended up getting lost.